Nifty Futures Opening Update as on 29 July 2020

The  Nifty Future is trading at 11,289.20 with  a loss of -0.15% percent or -16.90 point. The Nikkei 225 Future is trading at 22,403.00 with a loss of -0.92% percent or -207.00 point.The Hang Seng Future is trading at 24,818.00 up with +0.25% percent or +63.00 point.

TODAY’S FACTORS AND EVENTS

The NSE Nifty index fell 0.16% to 11,283.35 and BSE sensex was down 0.21% at 38,405.32.
Reliance shares fell about 1.5% after an eight-day rally, dragging the Nifty energy index down 0.4%.
Oil refiners Bharat Petroleum Corp also fell 1.5%, while Indian Oil Corp shed 0.7%.
The Nifty IT index dropped 0.13%, led by losses in Infosys, which fell 0.9%, and HCH Technologies, which dropped about 1%.
Port operator APSE Ltd was the session’s top laggard, falling 1.1%.
Indusind Bank advanced 4.4% and topped the gainers on the Nifty after the company announced a fund raise, amid a quarterly profit slump.

PREVIOUS DAY ACTIVITY

 For the day the  nifty closed at 11,285.20 with  a loss of –0.27% percent or -30.35 point.Nikkei 225 is trading at 22,397.11 with a loss of –1.15% percent or -260.27  point. Hong Kong’s Hang Seng is trading at 24,890.17  up with +0.47% percent or  +117.41 point.

WORLD MARKETS

For the day the Dow is trading at 26,379.28 with a loss of -0.77% percent or -205.49 point. The S&P 500 is trading at 3,218.44  with  a loss of –0.65% percent or -20.97 point. The Nasdaq Composite is trading at 10,402.09 with a loss of -1.27% percent or -134.18 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,397.11 with a loss of –1.15% percent or –260.27 point. Hong Kong’s Hang Seng is trading at 24,882.02 up with +0.44% percent or +109.26  point. China’s Shanghai  Composite is trading at 3,285.42 up with +1.78% percent or +57.46 point. India’s BSE Sensex is trading at 38,418.16 with a loss of -0.19% percent or –74.79  point at 12:15 PM.